http://www.bordersandsouthern.com/home/

http://www.falklands-oil.com/

http://www.fogl.com/

http://www.bgs.ac.uk/falklands-oil/images/legislation/A3Map.jpg

Exploration for oil and gas

Borders & Southern is a UK-based, London Stock Exchange (AIM) listed company, engaged in the exploration for hydrocarbons. The company is focused on frontier or emerging basins where there is potential to identify and commercialise high value prospects.

The company’s first project is located to the south of the Falkland Islands where it holds a 100% interest and operatorship in five Production Licences covering an area of nearly 20,000 sq km. The acreage is completely untested. The company is currently planning its first drilling campaign.

http://www.bordersandsouthern.com/investor_relations/news/RNS/

RNS full year results show they have $200million in cash more than enough to drill 2/3 wells which they plan to do towards the end of 2010 and first quarter 2011. Environmental impact statement has been submitted and they are looking to contract a rig possibly on a cost sharing basis (FOGL?).SP around 65p possibly a good time to get in before they do a RKH.

Halifax RKH hit oil, Border dont even have a rig booked or a ship and i doudt they will get one look how long it took Desire and there are few deep water high spec rigs around.

NO EIS

NO PARTNER if what they had was that good they would have partners knocking on the door they dont.

Its in undrilled very deep water and untested.

Its a BIG SELL it aint goning a do a thing untill they have EIS and a drill ship booked so could be years away.

marky you are amazing you started this thread and now you are trying to de-ramp BOR .So far BOR has done everything right they have more than enough cash to drill 2/3 wells,they await approval of their Environmental Impact Statement (EIS),they are actively seeking a rig possibly in partnership with the likes of FOGL,and finally may be open to a takeover bid being more cash rich than some other oiles in the Falkland Islands.

Have moved some RKH profits into BOR as a longer term Falklands oil play.

compared to some others in this micro-sector, BOR is positively staid, but that is not necessarily any bad thing

well timed Halifax!!!!

Still No EIS cant drill without it

No partner

No rig or ship and after BP cock up in deep water they may have big problems getting EIS approved or a rig.

Its still a sell untill further news

marky you are so blinkered all you say equally applys to FOGL as this is a deep water drill.

FOGL have a rig slot and EIS and partner BOR do not and maybe years from getting a rig hence its dead money and the price will drop.

If you have a "long term" strategy you buy the company or companies with oil found, not the ones who have nothing but hope.

Moving from RKH to BOR is akin to taking money away from an investment and putting into a gamble........ :)

pp tell that to the institutions which took part in the placing to raise enough cash for BOR to drill at least 2/3 wells.

Update: Environmental Impact Statements
The public consultation period with regard to
Borders & Southern Petroleums Environmental
Impact Statement closed on 25th March 2010. The
Falkland Islands Government has received an
external review of the Statement undertaken by the
Scottish Association for Marine Science. It is likely
that the Statement will be forwarded for
consideration at the June meeting of Executive
Council. Although the public consultation has
closed, the EIS can still be reviewed, or copies
obtained, from the Department of Mineral
Resources.

Surging up....getting closer to a rig ?.....I wonder if BP. or BG. will get involved...if either of those two did : that would send all falkie oilies up !.

surging up is a serious overstatement ... see what it fell yesterday and how much of that has been recovered

Rising...is a better term...

Contained in the Summary of Executive Council Meeting 24 June 2010

The review of the Environmental Impact Statement for Borders and Southern Petroleum plc was noted.

No Rig and No EIS.... No Drilling..... Halifax Noted!!!

marky be a good little boy and just be patient!!!

When FOGL hit no oil you will be able to pick these up for 25p no oil no EIS no rig Noted!!

This looks even worse than FOGL! At least FOGL have drilled and dusted BUT satisfied their licence. BOR is just a huge punt IMHO

A postive note in the Daily mail today hence the price up a little.......they can bang as many drums as they want but untill the EIS is passed they cant drill and untill they have a rig booked they cant drill.

Borders & Southern Petroleum eased a penny to 66p but dealers expect the shares to have a run in the short-term. Management of the company which will be drilling for oil in the Falklands is apparently banging the drum on a City roadshow.

Read more: http://www.dailymail.co.uk/money/article-1294767/MARKET-REPORT-Investors-switch-ITVs-Crozier.html?ito=feeds-newsxml#ixzz0tjepTa4h

marky can we expect some interesting news soon, if so we may go back in sp well up today.